Fidelity / Crime insurance
Strengthening Financial Accountability Within Your Community
Community associations manage significant financial resources, assessments, reserve funds, and vendor payments, making financial crime an important risk to consider. Accesspoint Insurance & Risk Advisors helps associations evaluate exposures involving theft, fraud, embezzlement, and other dishonest acts that could affect community finances. Fidelity and crime insurance can provide coverage for certain covered losses resulting from fraudulent or dishonest acts, subject to the policy’s terms, conditions, and exclusions. Our advisory approach looks beyond the policy to understand how your association manages money and where vulnerabilities may exist. We help boards make informed decisions about insurance and broader financial risk management.
Every association has different financial procedures, account structures, personnel, and third-party relationships. Our team can review these factors along with existing coverage to help identify potential gaps or limitations. We also help boards understand important considerations such as coverage limits, required controls, and the individuals or parties whose actions may create exposure. This detailed evaluation can help associations develop a more informed approach to managing financial risks.
Financial exposures can change as communities grow, budgets increase, leadership changes, or new vendors and management companies become involved. Regular insurance reviews can help ensure the association’s strategy continues to reflect its current financial environment. Accesspoint Insurance & Risk Advisors provides ongoing guidance to help boards evaluate changing exposures and consider appropriate coverage solutions. Our goal is to support stronger financial risk management and greater confidence in the association’s overall insurance program.